What is the Best Neighborhoods USA ranking for The Fan?
The Fan is ranked #54 of 113 eligible neighborhoods in Richmond; #279 of 518 eligible neighborhoods in VA; and #6,608 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
The Fan
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
52.8
Stability and Strength
59.0
Value Opportunity
42.8
Momentum
56.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Richmond, VA |
| County | Richmond City |
| National rank | #6,608 of 14,967 |
| State rank | #279 of 518 |
| City rank | #54 of 113 |
| County rank | #54 of 113 |
| National percentile | 55.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $852,042 |
| Year-over-year home value change | 0.2% |
| Month-over-month home value change | 0.43% |
| Home value to income ratio | 11.69 |
| Median household income | $72,868 |
| Bachelor's degree or higher | 74.7% |
| Civilian unemployment rate | 3.2% |
| Homeownership rate | 40.3% |
| Housing vacancy rate | 6.7% |
| Rent burden 30% or higher | 39.9% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in The Fan
Is The Fan one of the best neighborhoods in Richmond?
The Fan has a Best Neighborhoods USA Index of 52.8 and a city ranking of #54 of 113 eligible neighborhoods in Richmond.
How much are homes worth in The Fan?
The current Zillow Home Value Index for The Fan is approximately $852,042.
Are home values rising or falling in The Fan?
Zillow neighborhood values changed 0.2% year over year and 0.43% month over month.
What is the Neighborhood Momentum Score for The Fan?
The Fan has a Neighborhood Momentum Score of 56.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in The Fan?
The NDS-derived neighborhood median household income is approximately $72,868.
How affordable is The Fan relative to household income?
The current Zillow home-value-to-household-income ratio is 11.69. Price-to-income affordability is a major Value Opportunity input.
Is The Fan primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.3%.
What is the unemployment rate in The Fan?
The NDS-derived civilian unemployment rate is approximately 3.2%.
How educated are residents of The Fan?
Approximately 74.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in The Fan face high rent burden?
Approximately 39.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score The Fan?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications298
Estimated originations201
Home-purchase applications163
Origination rate67.3%
Home-purchase share54.6%
Average application loan$453,853
Total application loan amount$135,450,431
National application rank#1,201 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.1% YoY; originations 1.5% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.